RFID Retail Management
Retail industry including procurement, storage, package, handling, transportation, distribution, sales and service, which is a whole supply chain linked together. Companies must be in real-time and accurately grasp the changes in business flow, logistics, information flow and capital flow. RFID technology can bring enormous benefits for retailers and suppliers and customers; it makes the supply chain system much more simple and easier, automatic tracking goods’ status in an efficient way. In addition, RFID also provides advanced data collection methods to facilitate customer transactions, and efficient ways of operating, fast and insightful strategic decisions and more benefits which bar code technology cannot replace.
High efficiency: high automation work, fast processing, less human intervention.
Low cost: RFID technology in the supply chain, information flow is large, solid logistics relatively is small, that reduce the distribution cost；
Applicability: RFID is currently one of the most useful methods. Wal-Mart, Metro, ZARA and other international retail giants have been proved its applicability.
How it Works?
Retail: using RFID systems in the checkout automatic scanning and billing, to replace the manual collection. RFID access control systems can reducing the rate of theft;
Service: With the RFID tag records information about product purchase to help consumers simplify formalities Returns.